ASE takes legal action to block Siliconware-Hon Hai deal

ChinaWant China Times — Advanced Semiconductor Engineering (ASE), the world’s largest integrated circuit packaging and testing services provider, has taken legal action to try to stop a special shareholders meeting scheduled by Siliconware Precision Industries to let electronics manufacturing giant Hon Hai overtake ASE as its biggest shareholder.

ASE obtains 25% SPIL shares, from TW

ChinaDigi Times — Advanced Semiconductor Engineering (ASE) announced on September 22 it has purchased 25% shares of Siliconware Precision Industries (SPIL), achieving its acquisition goal. As of the expiration of the offer at 3:30 pm Taiwan time and 1:30 am New York City time on September 22, 2015, a total of 1,147,898,165 shares had been validly tendered, representing approximately 36.83% of the issued and outstanding share capital of SPIL, according to ASE.